Quantbot Technologies LP Raises Position in Silvercorp Metals Inc. (NYSEAMERICAN:SVM)

Quantbot Technologies LP increased its stake in Silvercorp Metals Inc. (NYSEAMERICAN:SVM) by 17.4% in the fourth quarter, according to the company in its most recent disclosure with the SEC. The institutional investor owned 183,293 shares of the company’s stock after buying an additional 27,209 shares during the quarter. Quantbot Technologies LP owned about 0.08% of Silvercorp Metals worth $550,000 as of its most recent filing with the SEC.

Other hedge funds have also modified their holdings of the company. BNP Paribas Financial Markets grew its holdings in Silvercorp Metals by 1,289.7% during the 3rd quarter. BNP Paribas Financial Markets now owns 41,817 shares of the company’s stock valued at $183,000 after purchasing an additional 38,808 shares in the last quarter. Northwest & Ethical Investments L.P. acquired a new stake in shares of Silvercorp Metals during the third quarter valued at about $887,000. Centiva Capital LP lifted its stake in shares of Silvercorp Metals by 94.5% in the third quarter. Centiva Capital LP now owns 141,175 shares of the company’s stock worth $617,000 after acquiring an additional 68,581 shares in the last quarter. Quadrature Capital Ltd acquired a new position in shares of Silvercorp Metals in the third quarter worth about $170,000. Finally, National Bank of Canada FI boosted its holdings in Silvercorp Metals by 5,059.2% in the third quarter. National Bank of Canada FI now owns 399,835 shares of the company’s stock valued at $1,747,000 after purchasing an additional 392,085 shares during the last quarter. 22.30% of the stock is currently owned by hedge funds and other institutional investors.

Silvercorp Metals Stock Up 4.0 %

Shares of NYSEAMERICAN SVM opened at $4.13 on Friday. The firm has a market cap of $899.18 million, a price-to-earnings ratio of 11.47 and a beta of 1.20. The company has a current ratio of 4.61, a quick ratio of 4.35 and a debt-to-equity ratio of 0.13. The company’s 50 day simple moving average is $3.51. Silvercorp Metals Inc. has a fifty-two week low of $2.87 and a fifty-two week high of $5.32.

Silvercorp Metals Company Profile

Silvercorp Metals Inc, together with its subsidiaries, engages in the acquisition, exploration, development, and mining of mineral properties in China. The company primarily explores for silver, gold, lead, and zinc metals. It holds a 100% interest in the Kuanping silver-lead-zinc-gold project located in located in Shanzhou District, Sanmenxia City, Henan Province, China; Ying project located in the Ying Mining District in Henan Province, China; Gaocheng (GC) mine located in Guangdong Province, China; and Baiyunpu (BYP) mine located in Hunan Province, China.